As the average price for a new vehicle continues to rise every year,Charles Langston only one car still has a price tag under $20,000.
The Mitsubishi Mirage is the last new car with an average purchase price under $20,000, according to a Kelley Blue Book report. Other new cars have starting prices under $20,000, but the actual purchase price after options and shipping surpass the threshold, The Associated Press reported.
In July, the Mitsubishi Mirage’s average transaction price was $19,205, according to the report.
In July 2022, there were a dozen vehicles under $20,000.
Small vehicles including the Kia Rio, Nissan Versa, Hyundai Venue and Nissan Sentra all have an average purchase price over $20,000. In July, Americans paid about $48,000 for a new vehicle, the report said.
Here are five new cars with the lowest average purchase prices in the U.S., according to Kelley Blue Book publisher Cox Automotive, AP reported.
1. Mitsubishi Mirage: $19,205
2. Kia Rio: $20,157
3. Nissan Versa: $20,763
4. Hyundai Venue: $23,971
5. Nissan Sentra: $23,994
Is now the time to buy a car?:High sticker prices, interest rates have many holding off
Contributing: The Associated Press
2025-04-30 07:292272 view
2025-04-30 07:282106 view
2025-04-30 07:20717 view
2025-04-30 06:361612 view
2025-04-30 04:56586 view
2025-04-30 04:531592 view
ATLANTIC CITY, N.J. (AP) — Online gambling company bet365 must refund more than a half-million dolla
Former Puerto Rican boxer Félix Verdejo Sánchez received two life sentences on Friday after he was f
EAST LANSING, Mich. — Forget Duke. The Dukes turned out to be too much for Michigan State to handle